Cadence Minerals plc expects its Azteca processing plant to be begin operations by the end of August 2026 at the Amapá iron ore joint venture in northeast Brazil. LICENCE Personnel, equipment and site resources have arrived on schedule at the site, and refurbishment has started. The company said that works cover key processing systems, including […]
Tag: Cadence Minerals plc
Cadence issues 21.28m share options
Cadence Minerals plc has awarded an aggregate 21,280,000 share options to directors and persons discharging managerial responsibilities in the company. PROJECTS The options are exercisable at a six pence per share, which is a 10% premium to the closing mid-price of the ordinary shares on 5 May 2026 of 5.5p. The options vest immediately and will […]
Cadence JV granted installation licence for Amapá
Cadence Minerals plc’s partner and operator DEV Mineração S.A. has received an installation licence (LI) for the Amapá iron ore project, including the restart of the Azteca plant, in northeast Brazil. PRODUCTION The LI covers approved works of refurbishment and replacement of existing operational structures, construction of new processing components – including magnetic separation, ball […]
Cadence issues 12m new shares
Cadence Minerals plc has issued 12 million new ordinary shares to the Rare Earth Minerals Employee Benefit Trust, at a price of one pence per new ordinary share. TVRs The move follows a subscription by the trustee of the EBT, JTC Employer Solutions Trustee Ltd, for £120,000. Following admission of the EBT shares, the EBT […]
Cadence to begin arbitration over Sonora lithium
Cadence Minerals plc has secured funding for international arbitration in connection with its investments in the Sonora lithium project in Sonora State, Mexico. UK-MEXICO The company holds a 30% stake, through its subsidiary REMML, in Mexilit S.A. de CV and Minera Megalit S.A. de CV, which hold the concessions. Ganfeng Lithium Group Co., Ltd is […]
Cadence granted preliminary environmental licence for Amapá
Cadence Minerals plc has been granted a preliminary environmental licence (licença prévia) for the whole development of the Amapá iron ore mine, in northeast Brazil. INSTALLATION The LP covers open-pit mining, mineral processing, waste rock handling and tailings storage infrastructure. The company said that the LP also confirmed the environmental feasibility, location and design of […]